World Equity ETF (NYSEARCA:DFAW) Short Interest Down 66.2% in August

by · The Markets Daily

World Equity ETF (NYSEARCA:DFAW – Get Free Report) was the target of a large drop in short interest in August. As of August 14th, there was short interest totaling 38,699 shares, a drop of 66.2% from the July 30th total of 114,640 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 88,341 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On World Equity ETF

Institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in shares of World Equity ETF by 100,785.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 81,717 shares of the company’s stock worth $5,482,000 after acquiring an additional 81,636 shares during the period. Strategic Investment Solutions Inc. IL boosted its position in World Equity ETF by 18.3% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 282,555 shares of the company’s stock worth $20,972,000 after purchasing an additional 43,689 shares in the last quarter. Monograph Wealth Advisors LLC boosted its position in World Equity ETF by 58.3% during the fourth quarter. Monograph Wealth Advisors LLC now owns 23,972 shares of the company’s stock worth $1,773,000 after purchasing an additional 8,830 shares in the last quarter. Catawba River Capital purchased a new stake in World Equity ETF during the fourth quarter worth $261,000. Finally, C M Bidwell & Associates Ltd. acquired a new stake in World Equity ETF in the second quarter valued at $246,000.

World Equity ETF Stock Down 0.4%

Shares of NYSEARCA DFAW traded down $0.33 during midday trading on Friday, hitting $85.29. The company had a trading volume of 59,953 shares, compared to its average volume of 85,732. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 19.16 and a beta of 0.89. World Equity ETF has a twelve month low of $69.27 and a twelve month high of $86.36. The business has a 50-day simple moving average of $83.65 and a two-hundred day simple moving average of $80.42.

World Equity ETF Company Profile

(Get Free Report)

The Dimensional World Equity ETF (DFAW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of funds that invests in a broad portfolio of stocks across all market capitalizations globally. The funds objective is to provide long-term capital appreciation DFAW was launched on Sep 26, 2023 and is issued by Dimensional.

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